USG Tech Solutions has a Cash Ratio of 0.00. It indicates that there are more current liabilities than Cash, Cash Equivalents, Marketable Securities, and the company does not have sufficient cash on hand to pay off its short-term debt.
The historical rank and industry rank for USG Tech Solutions's Cash Ratio or its related term are showing as below:
BOM:532402'
s Cash Ratio Range Over the Past 10 Years
Min: 0.07 Med: 0.75 Max: 14.35
Current: 0.76
During the past 13 years, USG Tech Solutions's highest Cash Ratio was 14.35. The lowest was 0.07. And the median was 0.75.
BOM:532402's Cash Ratio is ranked better than 50.98% of 2697
companies
in the Software industry
Industry Median: 0.74
vs BOM:532402: 0.76
USG Tech Solutions Cash Ratio Historical Data
The historical data trend for USG Tech Solutions's Cash Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of USG Tech Solutions's Cash Ratio
For the Software - Infrastructure subindustry, USG Tech Solutions's Cash Ratio, along with its competitors' market caps and Cash Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
USG Tech Solutions's Cash Ratio Distribution in the Software Industry
For the Software industry and Technology sector, USG Tech Solutions's Cash Ratio distribution charts can be found below:
* The bar in red indicates where USG Tech Solutions's Cash Ratio falls into.
USG Tech Solutions Cash Ratio Calculation
The Cash Ratio measures a company's ability to meet its short-term obligations with its cash and near-cash resources.
USG Tech Solutions's Cash Ratio for the fiscal year that ended in Mar. 2023 is calculated as:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
USG Tech Solutions (BOM:532402) Cash Ratio Explanation
The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.
The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.
In general, the higher the cash ratio, the better the company's liquidity position.
USG Tech Solutions Cash Ratio Related Terms
Thank you for viewing the detailed overview of USG Tech Solutions's Cash Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
USG Tech Solutions (BOM:532402) Business Description
USG Tech Solutions Ltd is engaged in software development, supply of software, consultancy in hardware, and to act as Consultancy in hardware and to act as Consultant , job worker, representative, advisor, or otherwise to deal in all kinds of computer software, equipment peripherals, and accessories. It also runs a computer Training center, conduct seminars, workshops, short term and long term courses on computer maintenance, software development and to develop and design software in India and abroad. The company provides placement of software professional consultancy services, advice in India an abroad manufacturing technical managerial and marketing services in computer education, software, and other allied fields. The company derives revenue from the software development.
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